- Asbury announced their online digital sales strategy, called Clicklane around year-end.
- Management also provided five-year revenue and EPS targets, with the growth of at least 20% per year.
- Should they simply achieve half of their online sales targets, we anticipate that EPS could reach $25 in 2025 (from $10 in 2020).
- At just 13x earnings, ABG offers 15% annual IRRs, and could be well over a double at 15x.
- Below we also delve into Lithia (LAD), another Compounder we own and like.
For further details see:
Asbury Automotive Launches Clicklane, Offers Long-Term Growth Guidance